Cost of Living Comparison Between South Korea and Italy Cost of Living Comparison Between South Korea and Italy

Name: Italy
Address: IT

Monthly Cost of Living

Monthly costs for one person with rent: $1,426 in South Korea versus $1,718 in Italy.

Estimated couple costs with rent: $2,249 in South Korea versus $2,623 in Italy.

Monthly costs for a family of three with rent: $3,071 in South Korea versus $3,528 in Italy.

Living in South Korea costs about 17% less than in Italy on average.

Both countries sit above the global median: South Korea 6% above, Italy 28% above.

Internal cost variation is higher in Italy: monthly costs span $1,147 to $2,536, compared to $1,253–$1,784 in South Korea. City choice carries more weight in Italy.

Meal at Budget Restaurant

$7.34 ₩10.8K

$17.24 €14.72

-57.42%

Three-Course Dinner for Two, Mid-Range

$44.05 ₩64.9K

$80.3 €68.6

-45.12%

Fast Food Meal (McDonalds, etc)

$5.73 ₩8,448

$11.44 €9.77

-49.91%

Cappuccino

$3.66 ₩5,396

$1.92 €1.64

90.63%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.64 ₩2,412

$2.98 €2.55

-44.97%

Water (0.33 liter bottle)

$0.77 ₩1,138

$1.32 €1.13

-41.67%

Local Beer (0.5 liter draught)

$3.74 ₩5,515

$5.83 €4.98

-35.85%

Imported Beer (0.33 liter bottle)

$4.68 ₩6,894

$5.16 €4.41

-9.30%

Milk (1 liter)

$2.24 ₩3,301

$1.69 €1.44

32.54%

White Bread (500g)

$3.15 ₩4,635

$2.41 €2.06

30.71%

Rice (white) (1kg)

$2.95 ₩4,349

$3.00 €2.57

-1.67%

Eggs

$3.03 ₩4,470

$4.08 €3.49

-25.74%

Local Cheese (1kg)

$13.95 ₩20.5K

$16.21 €13.85

-13.94%

Chicken Fillets (1kg)

$9.38 ₩13.8K

$12.65 €10.80

-25.85%

Beef Round Steak (1kg)

$30.14 ₩44.4K

$20.13 €17.19

49.73%

Apples (1kg)

$7.78 ₩11.5K

$2.60 €2.22

199.23%

Banana (1kg)

$3.48 ₩5,134

$2.21 €1.89

57.47%

Oranges (1kg)

$5.84 ₩8,604

$2.61 €2.23

123.75%

Tomato (1kg)

$6.11 ₩9,009

$3.28 €2.80

86.28%

Potato (1kg)

$3.89 ₩5,730

$1.95 €1.66

99.49%

Onion (1kg)

$2.84 ₩4,179

$1.83 €1.56

55.19%

Lettuce (1 head)

$2.41 ₩3,554

$1.55 €1.32

55.48%

Water (1.5 liter bottle)

$1.19 ₩1,760

$0.50 €0.43

138.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.38 ₩4,979

$6.88 €5.87

-50.87%

Wine (Bottle)

$15.87 ₩23.4K

$6.86 €5.86

131.34%

Local Beer (0.5 liter bottle)

$2.05 ₩3,025

$1.80 €1.54

13.89%

Imported Beer (0.33 liter bottle)

$2.89 ₩4,254

$2.53 €2.16

14.23%

One-way Ticket (Public Transport)

$1.12 ₩1,656

$1.94 €1.65

-42.27%

Public Transport Monthly Pass (Regular Price)

$46.99 ₩69.2K

$41.82 €35.71

12.36%

Taxi Start (Normal Tariff)

$3.29 ₩4,842

$5.71 €4.87

-42.38%

Taxi (Normal Tariff) (1km)

$0.56 ₩829

$1.53 €1.31

-63.40%

Taxi 1hour Waiting (Normal Tariff)

$8.79 ₩12.9K

$35.12 €29.99

-74.97%

Gasoline (1 liter)

$1.19 ₩1,755

$2.03 €1.73

-41.38%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.7K ₩40.8M

$31.8K €27.2K

-12.99%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$24.2K ₩35.7M

$33.3K €28.4K

-27.12%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$167 ₩246.2K

$224 €191

-25.37%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$41.36 ₩60.9K

$13.50 €11.53

206.37%

Internet (50+ Mbps, Unlimited Data)

$21.78 ₩32.1K

$30.92 €26.41

-29.56%

Gym Membership (Monthly)

$51.8 ₩76.3K

$56.3 €48.07

-8.07%

Tennis Court (1 Hour on Weekend)

$19.40 ₩28.6K

$25.38 €21.68

-23.56%

Cinema Ticket

$11.22 ₩16.5K

$10.41 €8.89

7.78%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$392 ₩577.6K

$575 €491

-31.77%

International Primary School, 1 Child (Yearly)

$22.6K ₩33.3M

$10.6K €9,022

113.80%

Jeans (Levis 501 Or Similar)

$57.9 ₩85.3K

$89.4 €76.4

-35.28%

Summer Dress (H&M, Zara, etc)

$47.54 ₩70.0K

$39.72 €33.92

19.69%

Sport Shoes (Adidas, Nike)

$80.6 ₩118.7K

$99.5 €85.0

-19.02%

Men's Leather Business Shoes

$109 ₩160.6K

$130 €111

-16.22%

1-bedroom Apartment, City Center (Monthly)

$625 ₩920.5K

$854 €729

-26.86%

1-bedroom Apartment, Outside City Center (Monthly)

$418 ₩615.3K

$651 €556

-35.89%

3-bedroom Apartment, City Center (Monthly)

$1,564 ₩2.3M

$1,478 €1,262

5.82%

3-bedroom Apartment, Outside City Center (Monthly)

$963 ₩1.4M

$1,109 €947

-13.17%

Buy Apartment in City Center (m2)

$13.0K ₩19.2M

$3,926 €3,353

232.30%

Buy Apartment Outside City Center (m2)

$8,275 ₩12.2M

$2,410 €2,058

243.33%

Average Monthly Net Salary (After Tax)

$2,241 ₩3.3M

$1,932 €1,650

15.99%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.2

4.41

-4.76%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for South Korea: April 27, 2026

Last update for Italy: April 27, 2026

Cost Breakdown

National rent averages: $459 in South Korea, $742 in Italy. Capital cities: $956 in Seoul vs $1,349 in Rome.

National salary averages: $1,973 in South Korea, $1,935 in Italy. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 62% higher in Italy.

Dining out costs 85% more in Italy.

Public transport is 267% more expensive in Italy.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

South Korea vs Italy: Cost of Living - Frequently Asked Questions

At $1,842 per month in Italy and $1,519 in South Korea, there's a 21% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

South Korea is simply cheaper day-to-day: lower food prices, cheaper commutes, smaller household bills. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent in Italy beats South Korea across the board, especially in major cities. Housing is usually the single biggest driver of the overall cost difference between the two countries.

In South Korea, $2,000 covers most cities easily. In Italy, it works in regional areas but falls short in the capital – you'll need to make trade-offs on housing or lifestyle.

It depends on what you're after. South Korea wins on affordability; Italy may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.